DALLAS, June 20, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Right On Brands, Inc.™ (RTON), a fully reporting SEC company, and developer of ENDO Water™, a pH balanced, hemp-infused, Premium CBD drink, today announced the Company can now focus expansion efforts at home in Texas since Gov. Greg Abbott signed into law, a bill allowing for the sale of hemp-related products. Legal experts had termed the state of Texas as the "Wild West of CBD," but now hemp is legal to buy and sell in the state if the product contains less than 0.3 percent THC.
On June 10, Gov. Abbott signed House Bill 1325 into law, which modifies the Texas Agriculture Code for regulation and sale of hemp and hemp-related products, as well as sections of the Texas Health and Safety Code to exclude hemp from the definitions of “controlled substance” and “marijuana.”
"The new legislation has opened the door for the legal sale of CBD products across the state of Texas," states Vic Morrison, Executive VP - Corporate Development. "Several major Texas-based distributors have been holding large orders for ENDO Brands products; waiting for the new law to become effective.”
Mr. Morrison continued, “Now that CBD's are legal, we can complete our distribution agreements and ship out initial orders. We project that our flagship product, ENDO Water, will be readily available in the Dallas, Austin and Houston markets by the 3rd quarter of this year."
The new law has also opened the door for construction of our licensed, owner-operated ENDO Wellness Centers. The first one is underway in Music City Mall, formerly Vista Ridge Mall in Lewisville, Texas and is expected to open by mid-summer 2019.
Each full-service center focuses on the development of a healthy mind and body with a complete line of CBD-infused ENDO Brands products including a pH balancing alkaline water, oils, edibles, coffee, gel caps, tinctures, rubs, lotions, and vapors. ENDO Wellness Centers are planned to open in Austin, Dallas, San Antonio, Fort Worth, Arlington and Houston.
About Right On Brands, Inc.
Right On Brands, Inc.™, is a Carrollton, TX, Dallas area-based, consumer goods company specializing in brand development of hemp and cannabis-based food and beverage products for health-conscious individuals. Right On Brands consists of four operating segments: ENDO Brands™, Humbly Hemp™, ENDO Labs™ and ENDO Wellness Centers™.
Visit our corporate website at: https://RightOnBrands.com
Forward Looking Statements
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the SEC. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
For Information about Right On Brands Distribution
If you are a food or beverage distributor and are interested in carrying a full line of CDB-infused and hemp-based snack products, please contact Vic Morrison: (323) 486-1809 x304; vic@rightonbrands.com.
To Order ENDO Brands Products
Visit our ENDO Brands website at: https://www.endobrands.com